A universal child benefit will increase to 70 euros, from current 60 euros per month, from January 2021 pursuant to a respective amendment to the Law on Child Benefits adopted by the Seimas of Lithuania with 126 votes in favor and no votes against or abstentions.
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New taxes and payout rates will be introduced in Lithuania on Jan 1. BNS offers an overview of seven key changes:
The Seimas voted on Tuesday in favor of increasing monthly payments to all children in Lithuania next month.
The ruling parties in Lithuania are once again changing its plan on child benefit payments for the net year.
The Lithuanian government is suggesting postponing the planned increase in the child benefit until July, after previously planning to increase such payments from 50 to 60 euros as of January.